UK 05-11-2001 Amendment to Late Pay Act Affects Small Businesses On 1 November 2002, the Late Payment Act will be extended to allow large businesses to claim interest from smaller businesses. The act, first launched 1 November 1998, currently gives…… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here #invoice#late payment#small business#trade#working capital